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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/5/2016

LM_XB405
Des Moines, IA                 Thu, May 05, 2016                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $173.39
Change from prior day:                 0.00
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.89        $121.67        
100% lean inside round                      $300.76          $6.98       ($0.07)
100% lean, flats and eyes                   $271.10          $6.29       ($0.01)
100% lean, S.P.B.                           $261.36         $13.07        
Chuck Tender                                $218.09          $2.18       ($0.01)
Knuckle                   4-7 lbs.          $244.58          $6.19       ($0.01)
Tenderloin                2-3 lbs.          $503.48          $2.67       ($0.01)
Tenderloin                3-4 lbs.          $540.63          $4.00         $0.05
Ribeye Roll               4-6 lbs.          $255.00          $2.68        
Ribeye Roll               6-8 lbs.          $272.96          $2.02         $0.02
Ribeye Roll               8up lbs.          $280.00          $2.04        
Flank Steak                                 $366.67          $1.54         $0.04
Kidney, Edible                               $19.45          $0.09        
Fat, inedible                                $20.60          $0.48        
Bone                                          $6.20          $1.49        
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 36.13  loads --            1,445,153  pounds
Cutter/Canner Cuts                  1.19  loads --               47,630  pounds
Boner/Breaker/Cutter/Canner        16.82  loads --              672,707  pounds
100% Lean Items                    23.90  loads --              956,046  pounds
Frozen Cuts                         1.28  loads --               51,332  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    9,352   $294.92       $3.33
112   Rib, ribeye roll, 8-10 lbs.             37   84,969   $285.85       $3.87
112   Rib, ribeye roll, 10-up lbs.            90  134,664   $309.07       $0.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   86,896   $374.72     ($7.42)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18  122,269   $393.91     ($1.53)
      Chuck, boneless 85%                      7   50,565   $206.13      
120   Chuck, brisket                          20  111,367   $179.51     ($0.01)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           23   59,980   $219.28    ($18.02)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  250,111   $303.77       $0.98
169A  Round, top inside c-off, 14-up lbs.      6   41,470   $298.01       $0.17
171B  Round, outside round                     8   58,993   $263.46       $0.97
171C  Round, eye of round                     31   50,411   $262.54     ($1.63)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.                      
180   Loin, strip, bnls, 9-up lbs.            27   98,458   $204.13     ($2.47)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  26  158,741   $223.01       $3.18
185A  Loin, bottom sirloin butt flap, bnls.   49  113,999   $369.87     ($1.89)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              21   45,155   $272.96       $2.81
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   77,648   $299.27       $0.59
      Inside round - Boxed                    23   31,602   $304.44     ($4.42)
      Outside round                            5   48,518   $269.88     ($1.64)
      Eye of round                            12   36,868   $281.81     ($0.04)
      Flats and eyes - Combo                  12  143,796   $268.76       $0.01
      Flats and eyes - Boxed                           
      Striploin                               58  312,527   $353.39     ($0.45)
      S.P.B. - Combo                          29  305,087   $261.36     ($0.13)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  114,350   $218.09     ($0.76)
167A  Round, knuckle, peeled                  11   53,692   $244.58     ($0.34)
190   Loin, tenderloin, 2-3 lbs.              12   19,179   $503.48     ($1.61)
190   Loin, tenderloin, 3-4 lbs.              29   58,853   $542.17       $7.56
190   Loin, tenderloin, 4-5 lbs.             117  174,220   $583.51     ($2.52)
190   Loin, tenderloin, 5-up lbs.             48   62,027   $574.02       $3.02
193   Flank, flank steak                      79   82,364   $383.76      $11.98
      Flank, rough                            47  108,022   $243.80       $0.78
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
112   Rib, ribeye roll, 10-up lbs.                     
112A  Rib, ribeye roll-lip-on, 8-dn lbs.               
112A  Rib, ribeye roll-lip-on, 8-up lbs.
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.              
169A  Round, top inside c-off, 14-up lbs.              
180   Loin, strip, bnls, 7-9 lbs.                      
180   Loin, strip, bnls, 9-up lbs.             4    7,228   $303.82     ($8.89)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.                       
112   Rib, ribeye roll, 8-up lbs.                      
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                       
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       9   23,002   $305.50       $1.06
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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